EQS-Adhoc: Wienerberger AG: ADHOC / Wienerberger resolves on new share buyback program
EQS-Ad-hoc: Wienerberger AG / Key word(s): Share Buyback
Wienerberger AG: ADHOC / Wienerberger resolves on new share buyback
program
28-March-2023 / 18:37 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS
Group AG.
The issuer is solely responsible for the content of this announcement.
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ADHOC / Wienerberger resolves on new share buyback program
Buyback of up to 1,000,000 shares corresponding to up to approx. 0.9% of
Wienerberger’s share capital planned
Vienna, 28 March 2023 – Based on the authorization granted by the 153rd
Annual General Meeting on 3 May 2022 pursuant to sect. 65 para. 1 item (8)
of the Stock Corporation Act, which was published via an electronic
information dissemination system on 3 May 2022 as well as in the Federal
Gazette of Wiener Zeitung on 5 May 2022, the Managing Board of
Wienerberger AG today decided to buy back own ordinary bearer shares of
the Company at their market price via the Vienna Stock Exchange between 31
March 2023 (inclusive) and presumably 3 May 2023 (inclusive). A total of
up to 1,000,000 shares, corresponding to up to approx. 0.9% of the share
capital, can be bought back at a price of between EUR 1.00 and EUR 32.50
per share. The maximum purchase price for shares under the share buyback
program amounts to EUR 26,000,000. The shares bought back are to be used
for both as consideration in corporate acquisitions and for other purposes
in accordance with the authorization resolution granted by the Annual
General Meeting on 3 May 2022. The buyback will have no impact on the
admission of the shares of Wienerberger AG to stock exchange trading.
A credit institution will be mandated to execute the share buyback. The
credit institution has to take its decision on the timing of the buyback
of Wienerberger AG shares independently of Wienerberger AG and comply with
the conditions for trading laid down in Article 3 of the Commission
Delegated Regulation (EU) 2016/1052 of 8 March 2016.
Note pursuant to sect. 5 para. 4 of the Publication Ordinance 2018: (i)
The details on the transactions performed within the framework of the
buyback program to be disclosed pursuant to sect. 7 of the Publication
Ordinance 2018 as well as (ii) any modifications of the buyback program to
be disclosed pursuant to sect. 6 of the Publication Ordinance 2018 are
published on the website of Wienerberger AG
([1] https://www.wienerberger.com/en/investors/share.html). This
publication neither constitutes a public offering for the purchase of
Wienerberger shares, nor does it create an obligation for Wienerberger AG
or any of its subsidiaries to accept offers for the buyback of
Wienerberger shares.
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28-March-2023 CET/CEST News transmitted by EQS Group AG. www.eqs.com
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Language: English
Company: Wienerberger AG
Wienerbergerplatz 1
1100 Wien
Austria
Phone: +43 1 60 192-0
Fax: +43 1 60 192-10159
E-mail: office@wienerberger.com
Internet: www.wienerberger.com
ISIN: AT0000831706
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1594739
End of Announcement EQS News Service
1594739 28-March-2023 CET/CEST
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